Mar 22, 2017

Avere Systems (www.averesys.com), leader in NAS accelerator, just announced a new round of investment with $14 million for its series E coming from Menlo Ventures, Norwest Venture Partners, Lightspeed Venture Partners, Tenaya Capital and Western Digital Capital plus Google as a new investor. Interesting. Founded in 2008, the total reaches now $97 million, so we should expect some events as the company will celebrate its 10 years of existence soon. In 2016, Ron Bianchini succeeded to almost double its business in 2016, ready to accelerate even more in 2017. Again, after the market anticipation with Spinnaker Networks, sold to NetApp in 2003, Ron Bianchini has anticipated some market needs and shift and the trend confirms his vision.